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Level 18, Block 3A, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur
Velesto Energy Berhad (Velesto) is a Malaysia-based multinational provider of services for the upstream sector of the oil and gas industry.
Velesto owns and operates six premium jack-up drilling rigs, which are capable of operating in water depths of up to 400 feet – ideal for the shallow waters of South East Asia. We are also a provider of workover services through our fleet of hydraulic workover units. In addition, we provide integrated drilling and workover services to meet our client’s requirements.
Our collaboration with PETRONAS Technical Training Sdn Bhd in establishing Velesto-INSTEP Drilling Academy (VIDA) reflects our commitment to developing high-quality talent and addressing the critical shortage of skilled local drilling professionals, contributing to the growth of the nation’s human capital.
Listed on the Main Board of Bursa Malaysia, we are a constituent of the FTSE4Good Bursa Malaysia Index, a testament to our sustainability performance and Environmental, Social, and Governance (ESG) practices.
| Certification Type | Application | Date of Awarded |
| MSOSH Gold Class 1 Award - Malaysia Society | MSOSH | 17th November 2022 |
| ISO29001:2020 | DNV | 14th March 2022 |
| ISO45001:2018 | DNV | 26th February 2021 |
| ISO14001:2015 | DNV | 26th February 2021 |
| ISO9001:2015 | DNV | 26th February 2021 |
| Country | Clients | Project Name and Summary of Work Space | Year |
| MALAYSIA | EXXONMOBIL EXPLORATION AND PRODUCTION MALAYSIA INC. | PROVISION OF ONE (1) HYDRAULIC WORKOVER UNIT & SERVICES | 2022 |
| MALAYSIA | HESS EXPLORATION AND PRODUCTION MALAYSIA B.V. | PROVISION OF INTEGRATED RIG, DRILLING AND COMPLETION SERVICES (I-RDC) | 2022 |
| MALAYSIA | PETRONAS CARIGALI SDN. BHD. | PROVISION OF JACK-UP DRILLING RIGS FOR PETRONAS CARIGALI SDN.BHD (PCSB) | 2022 |
| MALAYSIA | SARAWAK SHELL BERHAD / SABAH SHELL PETROLEUM COMPANY LIMITED | PROVISION OF JACK UP DRILLING UNIT FOR 2021-2022 | 2021 |
| MALAYSIA | CARIGALI HESS OPERATING COMPANY SDN. BHD. | PROVISION OF 10K JACK UP DRILLING RIG FOR 2020 DRILLING PROGRAMME | 2019 |
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